November 14, 2018

(click to play video above) In March 2018, the Internal Revenue Service (IRS) has announced a number of tax-related provisions for 2018, including, the latest tax tables. These changes are due to the Tax Jobs and Cuts Act of 2017, signed into law by President Trump on December 22, 2017. The Internal Revenue Bulletin (IRB): 2018-10 dated March 5, 2018, […]

The IRS has announced that new “compliance campaigns” related to offshore matters. See IRS web page titled “IRS Announces the Identification and Selection of Five Large Business and International Compliance Campaigns,” here. The IRS describes its compliance campaigns as: LB&I is moving toward issue-based examinations and a compliance campaign process in which the organization decides